Introduced with the Excess Exploration Credit Tax Bill 2014, the bill amends: the

Income Tax Assessment Act 1997

and

Taxation Administration Act 1953

to provide individuals with an option to be taxed on the earnings associated with their excess superannuation non concessional contribution at their marginal tax rate; the

Inspector-General of Taxation Act 2003

and

Ombudsman Act 1976

to transfer the tax investigative and complaint handling functions of the Commonwealth Ombudsman to the Inspector-General of Taxation and merge that function with the existing function of conducting systemic reviews; the

Income Tax Assessment Act 1997

in relation to capital gains tax exemption for certain compensation or damages; the

Income Tax Assessment Act 1997

and

Income Tax (Transitional Provisions) Act 1997

to ensure that individuals whose superannuation benefits are involuntarily transferred from one superannuation plan to another plan are not disadvantaged through the transfer; the

Taxation Administration Act 1953

to: remove the need for a roll-over benefit statement to be provided to an individual whose superannuation benefits are involuntarily transferred; and allow taxation officers to record or disclose personal information in certain circumstances; the

Income Tax Assessment Act 1936

,

Income Tax Assessment Act 1997

and

Taxation Administration Act 1953

to provide for an exploration development tax incentive for investment in small mineral exploration companies undertaking greenfields mineral exploration;

Income Tax Assessment Act 1936

,

Tax Agent Services Act 2009

and

Taxation Administration Act 1953

to make consequential amendments; and 16 Acts to make technical amendments.

to enable an interest charge to be applied to certain debts relating to austudy payment, fares allowance, youth allowance payments to full-time students and apprentices, and ABSTUDY living allowance payments; and nine Acts to replace the student start-up scholarship with an income-contingent student start-up loan.

to: pause indexation of income test free areas for pensions (other than parenting payment single) and deeming thresholds for three years from 1 July 2017; index pensions (other than parenting payment single) to the Consumer Price Index from 20 September 2017; reduce social security and veterans’ entitlements income test deeming thresholds from 20 September 2017; and increase the age pension qualifying age, and the non-veteran pension age, from 67 to 70 years by six months every two years, commencing on 1 July 2025; and

to: pause indexation on certain income free and income test free areas and thresholds for three years from 1 July 2015; index parenting payment single to the Consumer Price Index; and pause indexation of income free areas and other means-test thresholds for student payments, including student income bank limits; the

A New Tax System (Family Assistance) Act 1999

: to maintain the standard FTB child rates for two years in the maximum and base rate of family tax benefit Part A and the maximum rate of family tax benefit Part B, from 1 July 2015; and in relation to family tax benefit (from 1 July 2015) by: revising end-of-year supplements to their original values and ceasing indexation; reducing the primary earner income limit; limiting family tax benefit Part B; and introducing a single parent supplement; the

Social Security Act 1991

to: extend and simplify the ordinary waiting period for all working age payments from 1 January 2015; extend youth allowance (other) to 22 to 24 year olds in lieu of newstart allowance and sickness allowance from 1 January 2015; and provide for 26-week waiting periods and non-payment periods from 1 January 2015; the

Social Security Act 1991

and

Social Security (Administration) Act 1999

to abolish the pensioner education supplement from 1 January 2015; the

Social Security Act 1991

,

Social Security (Administration) Act 1999

and

Veterans’ Entitlements Act 1986

to abolish the education entry payment from 1 January 2015; the

Veterans’ Entitlements Act 1986

to remove the three months’ backdating of disability pension from 1 January 2015; and five Acts to make consequential amendments.

to provide that discrimination by an employer against a female employee is not unlawful if the discrimination involves the employer making a superannuation contribution that is more than otherwise required by law.